August 3, 2016

Deal includes Air Operator’s Certificate allowing Flexjet Owners to travel point-to-point within Europe, the Middle East and Africa (EMEA)

EMEA-based private jet travelers will be able to access Flexjet programs and some of the world’s most desirable private aircraft

BIRMINGHAM, UNITED KINGDOM, August 3, 2016 – Flexjet Ltd., offering travelers access to the world’s most luxurious fleet of private jets, today announced the acquisition of FlairJet Ltd. from Marshall of Cambridge Aerospace Limited, an operating company within Marshall Aerospace and Defence Group, the United Kingdom’s largest independent aerospace and defence group. Flexjet will operate aircraft under FlairJet’s United Kingdom Civil Aviation Authority Air Operator’s Certificate in Europe and will be part of Flexjet’s growing global fleet and programs.

“Our acquisition of FlairJet enables us to operate a European-based fleet of aircraft within our system and consistent with Flexjet’s impeccable service and quality standards,” said Kenn Ricci, Flexjet’s Chairman, who made the announcement from FlairJet’s headquarters on the grounds of Birmingham Airport.

Increasingly, Flexjet’s North American Owners are using Flexjet’s growing fleet of long-range, large-cabin aircraft such as the Bombardier Global Express, Gulfstream G450 and the forthcoming G650 and G500 for transatlantic travel. Once North American Owners make their crossing in one of Flexjet’s large-cabin, long-range aircraft, they will be able to remain within the Flexjet family for consistency of service and operations while using aircraft better suited for short-haul travel within Europe, the Middle East and Africa.

Flexjet aircraft will be made available to North American-based Flexjet Owners in need of a point-to-point private jet travel solution when traveling within the EMEA region, and will be available on a charter basis to Flexjet customers based in Europe with intra-EMEA travel needs.

“These initial plans will be in effect by the end of the year,” added Raymond Jones, London-based Managing Director – Flexjet, Ltd. “We are in the process of developing additional programs that are in step with the market demands of the EMEA region, and are carefully tailored to the unique needs of private jet travelers in this part of the world.”

“Since acquiring Flexjet, we have been driving innovation in order to expand,” said Ricci. “This further validates Flexjet as a global competitor within the private aviation industry. The next natural step is to strategically continue to move into the remaining global markets.”

About Marshall Aerospace and Defence Group:
Marshall Aerospace and Defence Group (www.marshalladg.com) is a leading independent aerospace and defence company, specialising in the conversion, modification, maintenance and support of military and commercial aircraft, business aviation services, the design and manufacture of special mission vehicles and shelters for the armed forces and humanitarian aid organisations, and the provision of personnel and training into advanced engineering sectors.

The company has more than 80 years’ experience in aviation and a full-spectrum engineering capability that includes project/product conception, design, manufacture, test, certification, integration/embodiment, in-service support and legacy platform/system sustainment. These capabilities have been exported to more than 30 countries and the company is working with 10 of the world’s air forces in relation to the C-130 platform.

Marshall Aerospace and Defence Group is headquartered in Cambridge, where it employs more than 2,000 highly trained personnel on its 800 acre site, which includes 1.2 million ft2 of hangar space plus the company-owned Cambridge Airport. The company also has two other sites in the UK (Broughton in Flintshire, Wales and Kirkbymoorside in Yorkshire) and offices in Australia, Canada and The Netherlands.

Marshall Aerospace and Defence Group is part of the Marshall Group, which employs more than 6,000 worldwide and which has a turnover of £2.5 billion.

About Flexjet LLC:
Flexjet first entered the shared jet ownership market in 1995, and celebrated its 21st anniversary in May 2016. Flexjet offers shared jet ownership and leasing. Flexjet’s shared aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, and Flexjet is the first and only company to be honored with its 17th FAA Diamond Award for Excellence. Flexjet’s shared jet ownership program fields an exclusive array of business aircraft—some of the youngest in the shared jet ownership industry, with an average age of approximately six years—including their LXi Cabin Collection consisting of the Learjet 75LXi, Challenger 350, the Embraer Legacy 450, Bombardier Global Express and the Gulfstream G450, G500 and G650, and the Aerion AS2 supersonic business jets. In addition, the overall jet collection includes the Embraer Phenom 300, Challenger 300 and Challenger 605. For more details on innovative programs and flexible offerings, visit www.flexjet.com or follow us on Twitter @Flexjet.

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